{"id":16392,"date":"2020-01-29T11:38:41","date_gmt":"2020-01-29T16:38:41","guid":{"rendered":"https:\/\/crisisassistance.org\/?p=16392"},"modified":"2020-03-11T11:44:42","modified_gmt":"2020-03-11T15:44:42","slug":"north-carolina-ranks-37th-on-prosperty","status":"publish","type":"post","link":"https:\/\/crisisassistance.org\/2020\/01\/29\/north-carolina-ranks-37th-on-prosperty\/","title":{"rendered":"North Carolina Ranks 37th on Prosperty"},"content":{"rendered":"\n<p class=\"has-small-font-size\">FROM <a href=\"https:\/\/crisisassistance.org\/programs\/civic-engagement\/financial-security-clt\/\">FINANCIAL SECURITY CLT<\/a><\/p>\n\n\n\n<p>Weathering a financial storm is essential for all families to build towards a stronger future. New data about the financial health of our state highlights where disparities exist that prevent individuals and families from reaching economic freedom in five areas: financial assets and income, businesses and jobs, homeownership and housing, health care and education. <\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"alignright is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/crisisassistance.org\/wp-content\/uploads\/2020\/03\/pdf-state-profile-37_Page_1-791x1024.jpg\" alt=\"\" class=\"wp-image-16396\" width=\"139\" height=\"180\" srcset=\"https:\/\/crisisassistance.org\/wp-content\/uploads\/2020\/03\/pdf-state-profile-37_Page_1-791x1024.jpg 791w, https:\/\/crisisassistance.org\/wp-content\/uploads\/2020\/03\/pdf-state-profile-37_Page_1-232x300.jpg 232w, https:\/\/crisisassistance.org\/wp-content\/uploads\/2020\/03\/pdf-state-profile-37_Page_1-768x994.jpg 768w\" sizes=\"(max-width: 139px) 100vw, 139px\" \/><\/figure><\/div>\n\n\n\n<p>According to the <a href=\"https:\/\/scorecard.prosperitynow.org\/data-by-location#state\/nc\">2020 Prosperity Now Scorecard<\/a>, <strong>North Carolina ranks 37<sup>th<\/sup> on prosperity<\/strong> for its residents. One in four households are unable to make ends meet while employed in low-wage jobs and working multiple jobs doesn\u2019t ensure stability for many families. For example, 48% of renters across the state are cost-burdened. <\/p>\n\n\n\n<p>Racial economic inequality further limits opportunities to prosper,\nwith <strong>North Carolina ranking 26<sup>th<\/sup> in racial disparity<\/strong>. For\nexample, the homeownership rate of White households is 74% compared to 45% for\nBlack households and 46% for Latino households. Additionally, over 60% of\nhouseholds of color are liquid asset poor in North Carolina as compared to 33%\nof White households. People of color throughout the state have more than double\nthe uninsured rates than those of Whites. Evenly distributing resources to\naddress racial wealth inequity is crucial. <\/p>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"874\" height=\"511\" src=\"https:\/\/crisisassistance.org\/wp-content\/uploads\/2020\/03\/liquid-asset-poverty-rate-byrace-in-37.png\" alt=\"\" class=\"wp-image-16395\" srcset=\"https:\/\/crisisassistance.org\/wp-content\/uploads\/2020\/03\/liquid-asset-poverty-rate-byrace-in-37.png 874w, https:\/\/crisisassistance.org\/wp-content\/uploads\/2020\/03\/liquid-asset-poverty-rate-byrace-in-37-300x175.png 300w, https:\/\/crisisassistance.org\/wp-content\/uploads\/2020\/03\/liquid-asset-poverty-rate-byrace-in-37-768x449.png 768w\" sizes=\"(max-width: 874px) 100vw, 874px\" \/><\/figure>\n\n\n\n<p>North Carolina has adopted eight of 28 policies to support economic\ninclusion and mobility. \u201cThis scorecard compels us to advocate for stronger\npolicies so that families can thrive and prosper,\u201d said Stephanie\nCooper-Lewter, Executive Director of Financial Security CLT. \u201cWorking together\nto remove barriers to savings, earning, health and financial security, we can further\nboost resilience, opportunity and financial well-being for all.\u201d &nbsp;<\/p>\n\n\n\n<p>Member organizations of <a href=\"https:\/\/crisisassistance.org\/programs\/civic-engagement\/financial-security-clt\/\">Financial Security CLT<\/a> see first-hand the impact of these inequities which inspired the\ncoming together of this coalition and vision to positively impact the racial\nwealth gap and improve financial security of Charlotteans. Our members include\nCare Ring, Charlotte Center for Legal Advocacy, Communities in Schools,\nCommunity Link, Council for Children\u2019s Rights, Crisis Assistance Ministry,\nGoodwill Industries of the Southern Piedmont, GreenLight Fund Charlotte, Latin\nAmerican Coalition, Leading on Opportunity, Urban League of Central Carolinas\nand YMCA of Greater Charlotte. <\/p>\n\n\n\n<h4 class=\"wp-block-heading\">About\nFinancial Security CLT <\/h4>\n\n\n\n<p>Financial Security CLT is a <a href=\"https:\/\/crisisassistance.org\/programs\/civic-engagement\/financial-security-clt\/\">coalition of nonprofit organizations<\/a> working in Mecklenburg County who share\na belief that financial security is the underpinning of economic mobility. The\nability to weather financial emergencies, share equitably in economic\nopportunity, and plan for a brighter future is a vision shared by all coalition\npartners through our differing individual missions. We work collaboratively to\nhelp families get on and stay on a path to greater financial security through\nempowerment and asset building. Our vision is to improve the financial security\nand knowledge of residents of Charlotte-Mecklenburg, especially in communities\nof color, and create economic opportunity for all. <\/p>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"alignleft is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/crisisassistance.org\/wp-content\/uploads\/2020\/02\/Cooper-Lewter_Head-Shot-1024x682.jpg\" alt=\"Headshot shows Stephanie Cooper-Lewter.\" class=\"wp-image-16200\" width=\"123\" height=\"82\"\/><figcaption>Stephanie Cooper-Lewter is Executive Director of Financial Security CLT.<\/figcaption><\/figure><\/div>\n\n\n\n<p><em><a href=\"mailto: scooper-lewter@crisisassistance.org\">Stephanie Cooper-Lewter <\/a>is executive director of Financial Security CLT, a coalition of nonprofit organizations working in Mecklenburg County who share a belief and commitment to helping families get on, and stay on, a path to greater financial security.\u00a0 She previously served as executive director of Leading on Opportunity, successfully leading efforts through the first phase of implementing the recommendations of the Charlotte-Mecklenburg Opportunity Task Force Report.\u00a0<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Weathering a financial storm is essential for all families to build towards a stronger future. New data about the financial health of our state highlights where disparities exist that prevent individuals and families from reaching economic freedom in five areas: financial assets and income, businesses and jobs, homeownership and housing, health care and education. <\/p>\n","protected":false},"author":6,"featured_media":16395,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","wds_primary_category":0,"footnotes":""},"categories":[13,12],"tags":[88,86,351],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>North Carolina Ranks 37th on Prosperty - Crisis Assistance Ministry<\/title>\n<meta name=\"description\" content=\"Agency News from the team at Crisis Assistance Ministry in Charlotte, NC. 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